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  • 标题:A contractive method for computing the stationary solution of the Euler equation
  • 本地全文:下载
  • 作者:Humberto Moreira ; Wilfredo Maldonado
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2003
  • 卷号:3
  • 出版社:Economics Bulletin
  • 摘要:A contractive method for computing stationary solutions of intertemporal equilibrium models is provided. The method is implemented using a contraction mapping derived from the first-order conditions. The deterministic dynamic programming problem is used to illustrate the method. Some numerical examples are performed.
  • 关键词:contractive method stationary solutions Euler equation
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